How Over 50’s Could be Saving Money Fast on Their Energy Bills

finance
utilities > energy

For older Australians electricity and gas is an additional expense, which when left unattended gradually creeps up in cost over time. Many people are not even aware of the recent changes in the energy sector. After years of increasing costs, last year (2020), energy prices have finally went south, thanks to the lower gas prices and the introduction of new sources of energy generation. If that’s not enough good news, one of the energy market comparison leaders, Billy Sumo, have built a simple-to-use comparison tool, and it’s now easier than ever before to cherry-pick those providers who reduced their prices more than the others.

How to do it – It’s simple:

  • Step 1: Select your current energy provider below
  • Step 2: Once you answered a couple of basic question, you will have the opportunity to compare quotes from multiple energy providers

As a Senior, how can you get ahead?

If you’re a senior or pensioner, you’re probably not using as much electricity as the younger crowd. If that’s the case, it will likely be a smart move to look for an electricity deal that has low supply charges. These are the daily charges you need to pay for each day that you’re connected to the energy network.

Electricity plans are made up of two main charges – usage and supply. Energy retailers typically compensate for low supply rates with higher usage rates, and vice versa. For smaller households, supply charges will typically make up a higher proportion of your overall energy costs. For large households, usage charges generally make up a higher proportion of overall costs. As a result, it pays to get the cheapest rates on the charges that have the biggest impact on your hip pocket.

Billysumo.com.au launched in 2018 has disrupted the Energy comparison industry by offering transparency and the opportunity for older Australian customers to see how much they might be overpaying on their bills. This is done by offering consumers the ability to compare both electricity and gas accounts from the larger and the smaller retailers. By looking at both the rates and inclusions side by side, it’s quickly easy to see what the cheaper rates are available, as well as how much money you might be able to save immediately by switching to an improved retailer.

The service comes as many Australians who have stuck with the same energy retailer for a number of years might not even be aware of the fact that they could very likely be overpaying. Many Australians are therefore feeling increasingly frustrated by the hidden agenda and tactics used by many providers, who they first thought were looking out for their interests. The Billy Sumo Energy Comparison service has therefore been built to help you stay ahead of these changes and ensure that you don’t miss out on the much-improved deals available.

Get Started Now:

  • Step 1: Select your state below.
  • Step 2: Once you answered a couple of basic question, you will have the opportunity to compare quotes from multiple energy providers